ALOKINDS - IntraDay Trade Analysis with Live Signals

Last Updated Time : 20 Dec 25, 07:02 am

IntraDay Trade Rating: 1.9

📊 Analysis: ALOKINDS trades at ₹16.0, below both DMA 50 (₹16.9) and DMA 200 (₹18.4), reflecting persistent weakness. RSI at 30.9 indicates oversold conditions, but MACD (-0.36) remains negative, showing weak momentum. Fundamentals are poor with negative ROCE (-4.09%), negative book value (-₹38.8), and consistent quarterly losses. While intraday liquidity is strong (23.8L vs 21.5L avg volume), the stock is highly speculative and risky for intraday trading.

• 💹 Optimal Buy Price: ₹15.8–16.2 (near current support zone)
• 🎯 Profit-Taking Levels: ₹16.6 (first resistance), ₹17.2 (next resistance)
• 🛡️ Stop-Loss: Below ₹15.6 (to protect against breakdown)
• ⏱️ Exit if Holding: Exit intraday if price fails to hold above ₹15.8 or if RSI slips below 30 with MACD staying negative despite high volume.

Positive

• ✅ Strong liquidity with volumes above average (23.8L vs 21.5L).
• ✅ RSI oversold (30.9), offering potential for short-term bounce.
• ✅ DII holding increased (+0.01%), showing marginal domestic support.

Limitation

• ⚠️ Negative ROCE -4.09% indicates poor efficiency.
• ⚠️ Negative book value (-₹38.8) reflects weak financial health.
• ⚠️ Consistent losses with EPS at -₹1.39.
• ⚠️ Price below DMA 50 & 200, confirming bearish trend.

Company Negative News

• ❌ Quarterly losses continue (PAT -₹207 Cr. vs -₹202 Cr.).
• ❌ Weak fundamentals with negative ROCE and book value.

Company Positive News

• 🌟 High trading volume supports intraday liquidity.
• 🌟 Oversold RSI may trigger short-term bounce opportunities.

Industry

• 🏗️ Industry PE at 19.1 vs ALOKINDS negative EPS shows sector strength compared to company weakness.
• 🏗️ Textile sector remains volatile, with speculative opportunities but weak fundamentals for ALOKINDS.

Conclusion

📌 ALOKINDS is a weak intraday candidate due to poor fundamentals and consistent losses. Liquidity offers speculative trading opportunities, but upside is capped. Best suited only for high-risk scalps near ₹15.8–16.2 with profit exits around ₹16.6–17.2, while maintaining a strict stop-loss below ₹15.6.

Would you like me to extend this into a textile sector peer benchmarking overlay so you can compare ALOKINDS against other textile stocks for intraday strength rotation?